# PPP loan: F MCCONNELL AND SONS INC
> **$521K** approved 04/08/2020 · Paid in Full · Loan `8391537003`
## Borrower
- **Name:** F MCCONNELL AND SONS INC
- **Address:** 11102 LINCOLN HWY, NEW HAVEN, IN, 46774-9383
- **NAICS:** 424940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $525K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $389K
- **Rent:** $63K
- **Utilities:** $39K
- **Health care:** $28K
- **Debt interest:** $2K
- **Jobs reported:** 61
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*